Los Angeles, CA 90037,1200 W 38th ST
Los Angeles, CA 90037,1200 W 38th ST
Los Angeles, CA 90037,1200 W 38th ST
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$2,975,000
Est. payment /mo
12 Beds
15 Baths
5,755 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,755 sqft

Price per Sqft $516

MLS Listing ID 25580789

Bedrooms 12

HOA Y/N No

Year Built 2026

Lot Size 5,227 Sqft

Property Description

Presenting a newly constructed, turnkey fourplex ideally located in the heart of Los Angeles, just moments from USC, the LA Memorial Coliseum, and major transportation routes. Designed for modern urban living and built with both tenant comfort and investment performance in mind, this brand new property offers a rare opportunity to acquire a high demand rental asset in one of LA's strongest and most consistent leasing markets. Each of the four residences features a bright, open concept floor plan with generous natural light and contemporary finishes throughout. Every unit is configured with three bedrooms, each with its own private bathroom, creating an ideal layout for student housing, shared living arrangements, or family occupancy. The design also allows for the potential addition of a fourth bedroom in each unit, providing a value add opportunity to further enhance rental income. In unit laundry is included in all residences for everyday convenience. All units are delivered vacant, offering complete flexibility for a new owner to implement a variety of leasing strategies. Rent units individually for long-term tenancy, lease per bedroom to meet the high demand for student housing, or master lease the entire building to a single operator. This versatility allows an investor to tailor operations to maximize returns. The property also includes six on site parking spaces, an increasingly valuable amenity in this high density neighborhood, further strengthening tenant appeal and rental competitiveness. A rare chance to own a newly built, low-maintenance fourplex in a prime Los Angeles location with strong rental demand, modern construction, and multiple income strategies available from day one.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Disposal, Microwave, Refrigerator

Exterior

Parking Features Covered

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5037012010

Special Listing Condition Standard


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Listed by Arash Pashaei Keller Williams Beverly Hills

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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